Susquehanna International Group Portfolio holdings
Susquehanna International Group (SIG), founded in 1987 by Jeff Yass and a group of friends, is a privately held global quantitative trading and technology firm headquartered in Bala Cynwyd, Pennsylvania. Specializing in trading equities, fixed income, commodities, derivatives, and ETFs, SIG has grown into a major market maker, handling around 600 equity options and 45 index options across exchanges like the CBOE, while employing over 3,000 people worldwide. The firm leverages a data-driven, probabilistic approach—rooted in the founders’ poker-playing days—to provide liquidity and competitive pricing in financial markets, with additional ventures in private equity, venture capital (notably an early investment in ByteDance, TikTok’s parent company), and sports betting analytics. Known for its innovative culture and use of game theory, SIG operates offices across North America, Europe, Asia, and Australia, maintaining a low-profile yet influential presence in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$6.39B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$565M |
| 3 |
Citigroup
C
|
+$429M |
| 4 |
United States Oil Fund
USO
|
+$386M |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$378M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$946M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$771M |
| 3 |
Alibaba
BABA
|
+$626M |
| 4 |
Tesla
TSLA
|
+$505M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$421M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.01% |
| 2 | Communication Services | 1.39% |
| 3 | Financials | 0.98% |
| 4 | Consumer Discretionary | 0.94% |
| 5 | Healthcare | 0.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AVYA
5951
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $761K | ﹤0.01% |
94,109
-673,950
| -88% | -$8.01M |
|
5952
CALL
Adtran
ADTN
$684M
| $760K | ﹤0.01% |
99,000
-23,200
| -19% | -$198K |
|
5953
PUT
Columbia Sportswear
COLM
$2.94B
| $760K | ﹤0.01% |
10,900
-6,300
| -37% | -$535K |
|
5954
CALL
Ryman Hospitality Properties
RHP
$7.92B
| $760K | ﹤0.01% |
21,200
+12,200
| +136% | +$843K |
|
5955
Olin
OLN
$2.18B
| $759K | ﹤0.01% |
65,057
+51,362
| +375% | +$778K |
|
5956
PUT
United Therapeutics
UTHR
$21.4B
| $759K | ﹤0.01% |
8,000
-29,700
| -79% | -$2.82M |
|
5957
Voya Financial
VOYA
$9.2B
| $759K | ﹤0.01% |
18,729
+6,610
| +55% | +$360K |
|
|
VG
5958
PUT
DELISTED
Vonage Holdings Corporation
VG
| $759K | ﹤0.01% |
105,000
-5,800
| -5% | -$47.3K |
|
5959
CALL
Emergent Biosolutions
EBS
$235M
| $758K | ﹤0.01% |
13,100
+7,200
| +122% | +$415K |
|
5960
CALL
Crane NXT
CXT
$2.97B
| $757K | ﹤0.01% |
44,337
-42,321
| -49% | -$1.09M |
|
5961
PUT
Fortune Brands Innovations
FBIN
$5.71B
| $757K | ﹤0.01% |
20,475
+16,848
| +465% | +$890K |
|
5962
Vanguard US Multifactor ETF
VFMF
$934M
| $756K | ﹤0.01% |
+13,377
| New | +$975K |
|
5963
CALL
Agree Realty
ADC
$9.3B
| $755K | ﹤0.01% |
+12,200
| New | +$868K |
|
5964
Orion Energy Systems
OESX
$79.1M
| $755K | ﹤0.01% |
+20,395
| New | +$893K |
|
5965
Prestige Consumer Healthcare
PBH
$2.43B
| $754K | ﹤0.01% |
20,559
+12,642
| +160% | +$491K |
|
5966
PUT
SL Green Realty
SLG
$3.97B
| $754K | ﹤0.01% |
+18,078
| New | +$1.41M |
|
|
TLND
5967
PUT
DELISTED
Talend S.A. American Depositary Shares
TLND
| $754K | ﹤0.01% |
33,600
+6,200
| +23% | +$210K |
|
5968
First Trust Natural Gas ETF
FCG
$648M
| $753K | ﹤0.01% |
181,380
+142,922
| +372% | +$1.19M |
|
5969
Waterstone Financial
WSBF
$382M
| $753K | ﹤0.01% |
51,783
-85,269
| -62% | -$1.45M |
|
|
CONE
5970
DELISTED
CyrusOne Inc Common Stock
CONE
| $753K | ﹤0.01% |
12,199
-1,635
| -12% | -$99.8K |
|
|
5971
PUT
Crane NXT
CXT
$2.97B
| $752K | ﹤0.01% |
44,049
+3,743
| +9% | +$96.2K |
|
5972
PUT
NCR Voyix
VYX
$1.13B
| $752K | ﹤0.01% |
69,275
-346,049
| -83% | -$5.94M |
|
|
NUVA
5973
DELISTED
NuVasive, Inc.
NUVA
| $752K | ﹤0.01% |
14,842
+11,787
| +386% | +$790K |
|
|
VAR
5974
DELISTED
Varian Medical Systems, Inc.
VAR
| $752K | ﹤0.01% |
7,323
-15,096
| -67% | -$1.99M |
|
|
IBKC
5975
CALL
DELISTED
IBERIABANK Corp
IBKC
| $752K | ﹤0.01% |
20,800
-4,500
| -18% | -$280K |
|
Similar funds
Susquehanna International Group's Q1 2020 Portfolio in Review
As of Q1 2020, Susquehanna International Group held 11,456 positions worth $314B, down 9.5% from $347B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Susquehanna International Group deployed $31.5B of net new capital in Q1 2020, opening 1,843 new positions and adding to 4,539 existing holdings. Its largest new stake was Invesco DB US Dollar Index Bullish Fund: 8,692,802 shares worth $233M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, down from 2.2% a quarter earlier, followed by Communication Services and Financials.
On the sell side, the largest reduction was Amazon, an estimated $946M trimmed.
- Susquehanna International Group's largest Q1 2020 buy was Invesco DB US Dollar Index Bullish Fund: 8,692,802 shares worth $233M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q1 2020, an estimated $6.39B increase.
- Susquehanna International Group's biggest Q1 2020 reduction was Amazon, cutting an estimated $946M.
- Susquehanna International Group fully exited Medicines Co in Q1 2020, selling an estimated $92M.
- Susquehanna International Group's ten largest holdings make up 30% of its $314B portfolio in Q1 2020.
- Susquehanna International Group opened 1,843 new positions and closed 1,300 in Q1 2020.
- Susquehanna International Group's portfolio value fell 9.5% quarter-over-quarter to $314B.
Based on Susquehanna International Group's 13F filing for Q1 2020, filed 15 May 2020.